Borrowing Money for Supermarkets and Grocery Stores

Looking for loans for supermarkets and grocery stores? The SBA may be the answer. This $675,000 supermarkets and grocery stores loan was issued by a Wisconsin bank.

This small firm knew how to go about getting a business bank loan. Based in Waukesha, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Waukesha State Bank, based in Waukesha, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
WAUKESHA, WI 53186

SBA Loan Lender

WAUKESHA STATE BANK
100 BANK ST
WAUKESHA, WI 53188

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

2/15/2001

Loan Approval Gross Amount

$675,000

Loan Approval from the SBA

Of the total $675,000 loan amount, the SBA guaranteed $506,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 9 existing jobs.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Waukesha or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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